Dow futures rise as Wall Street awaits Powell’s Jackson Hole speech, with clues on September rate cuts in focus.

Wall Street's main indexes rallied on Friday after U.S. Federal Reserve Chair Jerome Powell pointed to a possible interest-rate cut during his Jackson Hole Symposium speech.

Federal Reserve Chair Jerome Powell, at the 2025 Jackson Hole Symposium, signaled a cautious but dovish stance. With unemployment rising to 4.2% and inflation still above the 2% target, Powell hinted that the Fed may cut rates as early as September.

U.S. stock-market futures declined Sunday, after stocks rallied Friday on fresh hopes of a September rate cut by the Fed.

Major stock indexes mostly eased on Monday after gaining on Friday when Federal Reserve Chair Jerome Powell indicated that a September interest rate cut was likely but not certain, while the dollar stabilized.

Lo and behold, stock futures are set for declines of their own. According to futures, the Nasdaq (-0.33%) is set for a retreat, along with the S&P 500 (-0.28%), Dow (-0.21%), and